The average monthly rent rose 5.5% in the last 12 months alone. On the other hand, monthly costs naturally stay relatively steady for homeowners. Purchasing a home helps you secure a consistent monthly payment, free from rent hikes.

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Curious about local real estate? So are we! Every month we review trends in our real estate market and consider the number of homes on the market in each price tier, the amount of time particular homes have been listed for sale, specific neighborhood ...